115 South Main St Yazoo City, MS 39194
Property Features for 115 South Main St
General Information
- Size
- 25,000 SF
Building Details
- Year built
- 1925
Source:
Naiglobal
Listing Agent: Micah Mccullough, Ccim, Sior
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Historic Hotel Redevelopment Opportunity
Located in the heart of the Yazoo City Town Center District, the historic former hotel at 115-125 S. Main Street presents a prime redevelopment opportunity. The 25,000 SF building offers exceptional potential for conversion into a boutique hotel, office space, or multifamily residences. The first floor spans 10,000 SF, ideal for retail, restaurant, or lobby space, while the upper floors, each 5,000 SF, provide ample room for residential or office use. The property is eligible for a 25% State Historic Rehabilitation Tax Credit, a 20% Federal Historic Rehabilitation Tax Credit, and a 9% Low Income Housing Tax Credit. Additional MDAH Grants could be applied for. Situated in the Yazoo City Town Center District, the property offers a prime downtown location with excellent visibility and accessibility. Surrounded by local businesses, government offices, and cultural landmarks, the property is within walking distance of shopping, dining, and community attractions, making it an ideal site for redevelopment. With its central location in downtown Yazoo City, the property benefits from high visibility, walkability, and proximity to local businesses, government offices, and cultural attractions. Whether restoring its legacy as a hotel or reimagining it for modern commercial or residential use, this historic gem is a rare investment opportunity in a growing market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hotels
Location Insight
- Map
- Local Demand
- City
- Yazoo City
- County
- Yazoo
- State
- Mississippi
- Longitude
- -90.413705
- Latitude
- 32.847834
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FAQs
What type of property is this?
Hotel - 25,000 SF historic hotel in Yazoo City's Town Center.
Where is this hotel located?
The property is located at 115 South Main St Yazoo City, MS.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: - Prime redevelopment opportunity in the heart of Yazoo City Town Center District.; - Eligible for 25% State and 20% Federal Historic Rehabilitation Tax Credits.; - Substantial 25,000 SF building suitable for boutique hotel, office space, or multifamily residences.